- Gen Research claims malicious apps in larger app stores are increasing
- New Bankrojans, Predator Loans and the like has been viewed
- Official app stores are still a safer effort than third party
App stores are becoming an ever -increasing security concern as more and more malicious apps are discovered in stores owned by larger brands, experts have warned.
A new report from cybersecurity researchers GEN claims that the observed new mobile bankers (phone applications designed to steal bank details) launched in the fourth quarter of 2024, and often disguised as Visa apps, dating apps or chrome browsers. Gen added that the well-known Bankbot banker compromised 236% more units compared to the previous quarter.
In addition to banks apps also rose malicious loan apps, the researchers said. These promise quick money, but require excessive permissions (SMS, photos, sensitive data) that they later use in extortion, which threatens to publish victim data unless they pay up.
Generally safe
Gen also noted that cyber criminals are adopting new distribution tactics in app stores. Recently, they discovered a new malware stem that was disguised as a Body Mass Index (BMI) calculator. The app was spread through the Amazon App Store.
Large app stores like the Apple App Store, Google Play Store and Samsung Galaxy Store are generally safe because these companies invest heavily in security measures to protect users. They use automated malware detection, manual app messages and strict developer policies to prevent harmful apps from reaching their customers.
Features like Google Play Protect Scan apps in real time, while Apple’s notary process ensures apps being monitored before approval. Regular security updates, user reporting systems and policies for the removal of apps improve security further.
Obviously, no platform is completely risk -free. We have seen malicious apps come into these stores in the past and we will probably see them in the future as well. However, these app stores provide a significantly safer environment than third parties or unofficial sources.
